SailPoint, Inc.

Listed Company

SAILCIK 0002030781NasdaqNon-AcceleratedServices-Prepackaged SoftwareDelawareFY ends Jan 31

Period

FY 2026

Revenue

$1.07B

Net Income

$-270.05M

Total Assets

$7.60B

Equity

$6.85B

Shares Out

563.80M

Op. Cash Flow

$70.58M

Business

SailPoint, Inc. delivers enterprise identity security solutions that unify identity data across employee, non-employee, and machine identities and leverage AI and analytics for access visibility, policy automation, and compliance. Its main offerings include the cloud-based SailPoint Identity Security Cloud (built on the Atlas platform) and the customer-hosted IdentityIQ product, plus modular capabilities such as lifecycle management, compliance, access modeling, CIEM, data access security, and privileged automation. The company operates product, professional services, and partner enablement functions. It sells globally across more than 60 countries through direct sales and an extensive channel network of system integrators, MSPs, resellers, and technology alliances.

Summary from filing dated 2025-03-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31
Total revenue	1,071	862	700
Total cost of revenue	381	306	277
Gross profit	691	556	423
Research and development	223	170	181
Sales and marketing	575	467	461
General and administrative	200	108	114
Total operating expenses	998	745	756
Loss from operations	−307	−189	−333
Interest income	11	4	11
Interest expense	−25	−187	−187
Other income (expense), net	−5	−5	−3
Total other income (expense), net	−19	−188	−180
Loss before income taxes	−326	−377	−512
Income tax benefit	56	61	117
Net loss	−270	−316	−395
Class A yield	−24	−765	−584
Net loss attributable to common stockholders and Class B unitholders	−294	−1,080	−979
Net Loss per share attributable to common stockholders and Class B unitholders, basic (in dollars per share)	−0.54	−12.91	−12.13
Net Loss per share attributable to common stockholders and Class B unitholders, diluted (in dollars per share)	−0.54	−12.91	−12.13
Weighted average shares and Class B Units outstanding, basic (in shares)	544	84	81
Weighted average shares and Class B Units outstanding, diluted (in shares)	544	84	81

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31
Cash and cash equivalents	358	121	212	—
Accounts receivable, net of allowance	335	254	—	—
Contract acquisition costs	48	33	—	—
Contract assets, net of allowance	71	58	—	—
Prepayments and other current assets	39	46	—	—
Total current assets	851	512	—	—
Property and equipment, net	35	23	—	—
Contract acquisition costs, non-current	118	94	—	—
Contract assets, non-current, net of allowance	41	34	—	—
Other non-current assets	24	36	—	—
Goodwill	5,200	5,200	—	—
Intangible assets, net	1,377	1,561	—	—
Total assets	7,598	7,412	—	—
Accounts payable	6	4	—	—
Accrued expenses and other liabilities	121	158	—	—
Deferred revenue	516	413	—	—
Total current liabilities	643	575	—	—
Deferred tax liabilities, non-current	56	137	—	—
Other long-term liabilities	13	32	—	—
Deferred revenue, non-current	39	36	—	—
Long-term debt, net	0	1,024	—	—
Total liabilities	751	1,804	—	—
Commitments and contingencies (Note 8)	—	—	—	—
Redeemable convertible units, no par value, unlimited units authorized, 499,052,847 units issued and outstanding as of January 31, 2025; aggregate liquidation preference of $8,100,352 as of January 31, 2025	0	11,196	5,839	5,788
Preferred stock, par value of $0.0001 per share, 50,000,000 shares authorized and no shares issued or outstanding as of January 31, 2026	0	0	—	—
Common stock, par value of $0.0001 per share; 1,750,000,000 shares authorized as of January 31, 2026; 563,781,636 shares issued and outstanding as of January 31, 2026	56,000	0	—	—
Additional paid in capital	7,097	0	—	—
Accumulated deficit	−251	−5,588	—	—
Total stockholders' equity / partners' deficit	6,846	−5,588	−541	−183
Total liabilities, redeemable convertible units, and stockholders' equity / partners' deficit	7,598	7,412	—	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31
Depreciation and amortization expense	211	237	264
Amortization and write-off of debt issuance costs	17	13	4
Amortization of contract acquisition costs	39	25	12
Loss (gain) on disposal of property and equipment	19,000	0	36,000
Adjustments to contingent consideration	2	0	0
Provision for credit losses	5	3	2
Equity-based compensation expense, net of amounts capitalized	255	32	37
Deferred taxes	−73	−71	−125
Accounts receivable	−86	−42	−57
Contract acquisition costs	−78	−72	−62
Contract assets	−20	−12	−21
Prepayments and other current assets	−8	−14	−594,000
Other non-current assets	1	6	−87,000
Operating leases, net	342,000	293,000	335,000
Accounts payable	2	−5	4
Accrued expenses and other liabilities	−34	37	23
Deferred revenue	105	73	65
Net cash provided by (used in) operating activities	71	−106	−250
Purchase of property and equipment	−6	−5	−3
Proceeds from sale of property and equipment	3,000	14,000	31,000
Capitalized software development costs	−13	−8	0
Payments for asset acquisition	−17	0	0
Purchase of intangible assets	0	0	−2
Business acquisitions, net of cash acquired	0	−15	−8
Net cash used in investing activities	−36	−29	−13
Proceeds from issuance of units	0	600	52
Proceeds from IPO, net of underwriting discounts and commissions	1,260	0	0
Proceeds from revolving line of credit	0	25	0
Repayments to revolving line of credit	0	−25	0
Repayment of Term Loans	−1,040	−550	0
Payment of debt issuance costs	−3	0	0
Payments of deferred offering costs, net	−9	−3	0
Payments related to holdback and contingent consideration	−6	0	0
Repurchase of units	0	−6	−1
Net cash provided by financing activities	202	41	50
Net change in cash, cash equivalents and restricted cash	237	−94	−213
Cash paid for interest	37	152	182
U.S. Federal	0	—	—
U.S. State and local	696,000	—	—
Foreign	6	—	—
Total cash paid during the period for income taxes	7	13	6
Operating cash flows from operating leases	6	6	6
Effect of Corporate Conversion	11,450	0	0
Capitalized equity-based compensation included in property and equipment, net	2	0	0
Contingent and holdback consideration included in accrued expenses and other liabilities	2	6	0
Deferred offering costs included in accounts payable and accrued expenses and other liabilities	0	7	0
Operating lease right of use assets obtained in exchange for lease liabilities	0	2	2

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro